New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-12-31
COURSE OF PRICES.
COMPARISONS FOR 1887 AND 1890
DECLINE IN MANUFACTURED pRoDrcrs g.
1S6O

DECLINE IN MANUFACTURED PRODUCTS mx.
The few products known 10 speculative
kets have advanced in price during IN. wear 10
about 1 7 per cent. Meanwhile all other prodsu
have advanced during the year less than half
! per cent This contrast is striking enough =
invite some examination Of details In tho c..
ulative list are included those articles which -
sold for future delivery, wheat. corn oats nos
plrkcd meats. lard sugar. coffee, o'tOn, oil ~
lead and copper In some other articles specnis
tive transactions are known at times but do ~
ordinarily control the markets. The few spccu,s
tive articles above mentioned, il purchased 1
Wholesale prices in quantities proportional 10 th
annual consumption, would have cost Jannaryi
only SPA SO, and at the prices Of December o.
$40 22 1-2 But the cost Of all other articles
about 900 In number. purchased according "a
their relative Importance IN consum pton at tn
prices Of January wonld have been $50 o. 10
and December 20 the same quantities would have
cost s7O.24. Considering that the latter and
much larger list embraces many products such a,
potatoes. tho supply Of which has in fact been
greatly affected by last summers drouth itisa
matter = some surprise that 50 S'I,li an advance
In prices appears. In comparison with tho rise d
markets TIE following shows the course Of
changes:
Speculative Article. Other Articl,,ss
January I......... 80 (, s2.ss 81; s64 seaFs
M Va, i..".-.. $50 2Gi,9 S s5.5F S7s
s,smosf e. 3 S;ss sss5s $50;
Wheat, notwithstanding the short crop. is IL
per cent lower than 1T the beginning Of the year
while oats, the yield OF which has been large.
have advanced during the year about : l-2 per
cent The great change is In the price of corn
2S I2 per cent, and this is partly explained ny
the shorncss of yield. Bat prices of pork pro-
ducts, 1t is notorious. are controlled rather by
speculation than by legitimate considerations ~
supply and demand and in these the advance has
been only II per cent. Pork advances on the
theory that the drou'h lcf, scantv supplies f4r
feeding animals. While beef is per cent lower
now than at tho beginning Of 1ss7. and sheep
command the same price, Butter IS per cent and
cheese 10 per cent lower. and hay about pcr
cent lower The adyanc" Of = r,r cont in lo'a-
toes and about 30 per cent IN vegetables Is fairly
justified by he short supply this year and The rise
81 So pcr cent I'm suerr Is perha,s p reasonable
rco ton from unnrcccdentcd depression An 3D.
vance OF moro than 30 per cent in toh?"cO il
fairy explained by the short Weld and tn .ane
explanation is given for Tho rise ~ 2s.c pcr cont
in The nrico ~ coffee. Of cotton also the vicl
is officially reported short. ard The n-ic" lHs ed.
vancod about ? per ccrt. But in - suprly II
wool there has hctn n least great = d. ronsa.
ond yet thc price has declined about n'r c nt
!'ricos 81 iron and steel and products thereof are
on the whole lttl' lower now than ~ the hcea-
ming Of tho wear the flil Of lcs re~ cont iu -ails
and pcr conf in nails moro than hainn, ne an
advance ~ 10 epr cent IN n- iron Co9l r'achod
its naXmUm prco fcv weeks ar0 On a.
count Of the Lohigh strike. and lbs rs ~ rot
settled back 70 Tho price ~ .Tanuorv !. hnt Il
o0.f rcF cont highcr Snncn'afinN IN Ill Las
etoa1iv strenr-hrrcl 6urinr Tho n'tnr mor's
~ ,hr year. ana hr AIF'nc" 'nN ". WV"
fnrd oils - ro~ cont or The sid sn'"ula-
ton in fh' minor mnfa's irll d"'ail- Pr. 70
ocnflv boon civcn. Leaf Is - no" con, .r'sr
than Jauuarv I. corp'r ~ per cent. and - 81
Dcr cont wlf'>''niine ~" rf'i' "
durinr most OF tho year N r'al cS,''' '' ID
hoNsH-'nl .dlng. nr'N'S or MINOR Nuf,
e'lsS md ot'or house bull m'' "''. ~" On
~" W'oo 'ffl' lo''F :, ~ ' l- -
tho year P1ner h1S C",' n,i l'.'. ""
hut s'ad" lower. "hi'o ~" H'ora n" ~ Hh0uf
Siy.v % 10 " no important drugs shrv nm NJ
varco ~ Q nor cont
Tho table shows how s'arrlv c'nr~ns IN 1887
contrast with thoS" IN 1855 Snc.1'"f ~ mo-
ducts scarcely advanced - o'' '1 $50 '" % IN
c'ro~ rr'7~cfe . co~or"' we mr'''1'' 9no'
2 VOL - revival ~ business 7'''''fr ~ 10
ran Tho como Srocu'a'ivo nr'ir' -'f'' 49,
cot ~ 30 tho Icr'nrirr e I9-7 c0e' g - ~
fro hovinrinc ~ tho rro' ions vc'- go that "a
ol,arc, in 1886 WIS h'~o'7 : r'r Govt.
pu' 'ho "--roca'o co<' Of 0'h"r ariel 80 - -
| ot.-,-oo